]]>Comment on Consider Flowers for Mother’s Day from 1800flowers by bethhttps://movalley.wordpress.com/2009/04/18/consider-flowers-for-mothers-day-from-1800flowers/#comment-31
Wed, 17 Jun 2009 07:57:56 +0000http://movalley.wordpress.com/2009/04/18/consider-flowers-for-mothers-day-from-1800flowers/#comment-31Great way to order flower for your mother. Thanks for the information.
]]>Comment on Really Check Out Andrew Wilshire by Robbie Shttps://movalley.wordpress.com/2009/03/30/really-check-out-andrew-wilshire/#comment-30
Mon, 01 Jun 2009 19:07:30 +0000http://movalley.wordpress.com/2009/03/30/really-check-out-andrew-wilshire/#comment-30We did check him out and guess what? Guilty of Financial Fraud, huge fines, barred from the Commodity Business for life. I guess he must have just forgotten to mention that part of his shaded past. Confirm at http://www.cftc.gov or http://www.nfa-futures.net.
Here is it:
Federal Court Finds Florida Corporation Wilshire Investment Management Corporation, Inc. and Employees Committed Commodity Option Fraud in Action by U.S. Commodity Futures Trading Commission

Company, President and CEO Andrew Wilshire, and Employees Eric Scott Malcolmson and James Joseph Russo Banned from Commodities Industry and Ordered to Pay Over $500,000 in Restitution and Civil Penalties
Washington, D.C.— The U.S. Commodity Futures Trading Commission (CFTC) announced today that the Honorable Donald M. Middlebrooks of the U.S. District Court for the Southern District of Florida issued a final judgment against Wilshire Investment Management Corporation, Inc. (WIMC), a Florida corporation; its president and CEO, Andrew Alan Wilshire of Jupiter, Florida, and employees Eric Scott Malcolmson and James Joseph Russo of Tequesta and Palm Beach Garden, Florida, respectively; and National Commodities Corporation, Inc. (NCC) of Fort Lauderdale, Florida. The court denied defendants’ Motion to Amend the final judgment on June 1, 2006.

The final judgment trial order, entered on December 5, 2005, followed a four-day bench trial stemming from a complaint filed by the CFTC on September 14, 2004. The complaint alleged that the defendants fraudulently solicited customers by misrepresenting the likelihood of realizing large profits from commodity options trading and misrepresenting the risk involved in trading commodity options (see CFTC News Release 4997-04).

The final judgment order found Malcolmson and Russo committed solicitation fraud in violation of the Commodity Exchange Act and Commission regulations and held WIMC vicariously responsible for its employees’ conduct. The order also held WIMC president, Andrew Alan Wilshire, liable on two theories—as a controlling person and for failing to diligently supervise WIMC employees. The order found that Wilshire knew of his employees’ fraudulent sales practices or that Wilshire was “willfully blind” to these practices. The order also held defendant National Commodities Corporation, WIMC’s guarantor, jointly and severally liable for WIMC’s violations.

Specifically, the court found that since at, least from September 2000, WIMC, Wilshire, Malcolmson, and Russo fraudulently solicited customers by misrepresenting the likelihood of large trading profits and downplaying the risks involved in trading commodity options, and by linking profit expectations to well-known weather events, seasonal trends, and historical prices. For example, according to the order, Malcolmson claimed to help his clients “double or triple” their money, turning $5,000 and $10,000 accounts into $100,000 — even though 88 percent of his clients lost money between 2000 and 2004, with the largest gain realized by any of his clients of approximately $8,000. In ruling against the defendants, the court rejected WIMC’s argument that their written risk disclosure statements signed by the customers balanced exuberant descriptions of profit potential.

Sanctions Ordered Total More than $500,000
The court ordered the defendants to pay a total of $147,891.99 in restitution to eight defrauded customers and imposed a $100,000 civil penalty against each of the three individual defendants and a $100,000 civil penalty against WIMC—for which the National Commodities Corporation guarantor is jointly and severally liable. This type of liability means NCC may have to satisfy the entire judgment amount if the other defendants cannot pay.

Based on the court’s finding that defendants’ behavior was blatant, brazen, and repeated, the order also permanently prohibits Wilshire, Malcolmson, and Russo from engaging in any commodity-related activity in the future.

]]>Comment on SD Watch Now Kindle-ized for Your Reading Pleasure! by Joehttps://movalley.wordpress.com/2009/01/05/sd-watch-now-kindle-ized-for-your-reading-pleasure/#comment-23
Tue, 24 Feb 2009 04:31:38 +0000http://movalley.wordpress.com/2009/01/05/sd-watch-now-kindle-ized-for-your-reading-pleasure/#comment-23the Kindle’s main selling point for me is it’s text-to-specch feature — very clever
]]>Comment on Bluto Blutarsky? Meet George W. Bush by Davishttps://movalley.wordpress.com/2009/01/15/bluto-blutarsky-meet-george-w-bush/#comment-7
Thu, 15 Jan 2009 17:16:36 +0000http://movalley.wordpress.com/2009/01/15/bluto-blutarsky-meet-george-w-bush/#comment-7At least Belushi was funny
]]>Comment on Nemesis v. Enemy–Some Lund Thoughts by Ryanhttps://movalley.wordpress.com/2009/01/13/nemesis-v-enemy-some-lund-thoughts/#comment-6
Wed, 14 Jan 2009 20:52:13 +0000http://movalley.wordpress.com/2009/01/13/nemesis-v-enemy-some-lund-thoughts/#comment-6I don’t get you Todd. If you don’t care, wish no ill will or feel sorry for someone then why continue to say things (“I was never wild about his skills as an anchor or journalist but my own view of Lund never really rose to dislike. More like, not caring. Lund was just there then he was sort of gone.”) about someone. Yes they are your opinions, but you try and act like you are the high and mighty trying to put an end to a feud which you keep fueling. Here’s an idea…shut up?!? If you can’t say anything nice don’t say anything, opinion or not! I’m sure many feel the same way as you about Doug or about your attempts in the media, but there is no point in saying or putting it writing on the web (even worse). It’s childish. What you are saying about him is disrespectful as is his attempt at humor with his blog, but there comes a time where you…LET IT GO and move on. While you want to pretend this blog does that it doesn’t. It only continues it. I love how everyone thinks that tv media are just talking heads. People, in EVERY profession there are those who are intelligent and good at what they do and those that just think they are. I’m not a journalist or a democrat, but that doesn’t mean I’ll sit back and bash them with my opinions. I’m not in their shoes so I give them the benefit of the doubt. Please do the same Mr. Epp. Thank you for your time. Sorry, I started to rant a little!
]]>Comment on Forbes: Nothing But The Dead and Dying In My Little Town, Grandview, MO by Gilmour Poincareehttps://movalley.wordpress.com/2009/01/08/forbes-nothing-but-the-dead-and-dying-in-my-little-town-grandview-mo/#comment-4
Thu, 08 Jan 2009 17:08:02 +0000http://movalley.wordpress.com/2009/01/08/forbes-nothing-but-the-dead-and-dying-in-my-little-town-grandview-mo/#comment-4It seems like a mighty sweet place to settle as an undertaker for a short while … a very short while …
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